Generational Equity Cheap Telvin Smith Jersey , a pacesetter in the mergers and acquisitions business, projects a strong demand for acquisitions deals in the pharmacy industry. Generational Equity mergers and acquisitions advisors say prospective buyers are looking to put money into a solid industry with strong future prospects. As per a report by Pembroke Consulting, Americans will fill more than 4 billion prescriptions at 60,000 retail and specialty pharmacies.
“The $277 billion pharmacy industry is undergoing a consolidation as national chains and independent investors see mergers and acquisitions opportunities within the field because of the country’s aging population Cheap Blake Bortles Jersey ,” said Generational Equity President Ryan Binkley. Generational Equity is a leading advisor to privately held and family-owned businesses for mergers and acquisitions, strategic growth initiatives, business valuations and exit planning.
In 2010, Generational Equity deal makers helped owners sell pharmacy operations to both private investors and major chains. This is a trend they don’t see going away. Generational Equity’s Managing Director Cheap A.J. Bouye Jersey , Stephen Crisham, is already negotiating two deals in the pharmacy industry.
According to Managing Director Stephen Crisham, the most crucial things to consider when selling are: ? Know which kind of buyer to approach, retail or “closed door” ? Have your documents prepared. Buyers like information in business valuations Cheap Myles Jack Jersey , for example a list of recent prescriptions filled, the number of prescriptions filled in a month, the number of doctors nearby or inside the same building, the kind of automated system used and remaining lease time for equipment and facility Cheap Leonard Fournette Jersey , etc. ? Don’t accept the initial offer. Shop it around to other potential buyers first. “In my experience the initial offer has been considerably under the final price I was able to negotiate,” said Crisham. ? Know your options. Some buyers may just want to buy the retail part of the company and others may want to do a file buy. On average it requires 12 months to finish the mergers and acquisitions process. Generational Equity mergers and acquisitions advisors develop a strategic marketing and selling plan tailored to each individual company. Inhibiting the strategic process or trying to minimize steps can result in a substantial lower selling price.
The Selling Process
“Generational Equity is anxious to talk to pharmacy owners thinking about selling their business or investing in the pharmacy industry,” said Ryan Binkley.
Generational Equity offers free one-day conferences that provide business owners with an overview of the process essential to successfully sell a private middle market business for maximum value. The information presented in the conference will be a significant part of a strategy to ultimately sell your company for the highest possible price. If you are considering selling your organization and have an interest in attending Generational Equity’s free conference please call 972-481-2801 during the hours of 8:00 am to 5:00 pm CST to determine if your company qualifies to attend the conference, complete your registration and answer any questions you may have.